The operation of casinos -prohibited in Ecuador according to a popular consultation in 2011 – returns to the political discussion in the country when this possibility is stated in one of the eleven questions of a popular consultation that the head of StateDaniel Noboahas been sent to the Constitutional Court for analysis. “Do you agree […]
Tag: economy
Argentina’s main labor union calls strike in January against Milei measures
The most important labor union in Argentina called on Thursday a general strike, with a mobilization of the National Congress, for January 24 in rejection of a series of measures promoted by the government of the ultraliberal president Javier Milei. The General Confederation of Labor (CGT), which brings together many unions in the South American […]
The Milei Government faces a cascade of lawsuits over its economic decree
Almost a week after signing the decree of necessity and urgency (DNU) with which the new Government of Argentina intends to undertake the practical economic deregulation of the country, the president Javier Milei and his cabinet face a cascade of lawsuits against the measure. The first to be known was presented the day after Milei […]
United States economy would have grown 1.2% in the third quarter
The United States reduced its growth estimate during the third quarter of the year by one tenth, to 1.2%as reported by the Bureau of Economic Statistics (BEA, in English). This form of annual growth is calculated in this third and final estimate of the gross domestic product (GDP), which reached 4.9%, three tenths below the […]
Javier Milei deregulates the economy by decree and sends a reform package to Congress
The ultraliberal Argentine president, Javier Mileiordered on Wednesday the elimination by decree of hundreds of regulations to deregulate the economy, opening the door to the privatization of public companies, and announced a package of reforms that represent a complete turnaround in a country accustomed to strong State interventionism. “The objective is to begin the path […]
Panama Canal delivers new historic contribution to the treasury
He Panama Canalaffected for months by a severe drought that has forced it to restrict the transit of shipsdelivered to the treasury a new historic contribution of US$ 2,544.5 million, corresponding to fiscal year 2023, the Government reported this Monday. This amount exceeds the US$ 2,494.4 million last year and was then cataloged by the […]
Argentines, between anguish and resignation due to adjustment measures by the Milei government
Julia González does not know how she will now be able to afford transportation on three buses and a train to her job in the center of Buenos Aires. Lucía Pergolisi cries because her best friend has been fired from her position in a government ministry. Hilario Laffite admits that she will have to highlight […]
Argentina devalues peso more than 50% and cuts expenses to deal with economic crisis
The brand new Argentine government headed by the libertarian Javier Milei announced on Tuesday a series of orthodox measures to deal with a serious financial crisis, including a drastic spending cut and a 54% devaluation of the peso. In the context of an annual inflation close to 150% and a poverty of 40%, The Government […]
Mayan Train, the controversial hope for economic development in southern Mexico
The hope that the Mayan Train, the emblematic work of the president Andrés Manuel López Obrador, take to the southeast of Mexico, traditionally forgotten, greater visibility and economic growth never seen before is latent in local ejidatarios, although they recognize the impact on labor and ways of life. “I believe that this, by bringing a […]
Carolina Trivelli: “It was a difficult year, with deficiencies and little maneuver”
“The economic situation is bad and next year would be less bad,” said economist Carolina Trivelli, former Minister of Development and Social Inclusion (Midis), who considered that on the part of the government “there were deficiencies and little maneuver to prevent what was coming.” come”. During the broadcast of the interview on LR+ Economía, which […]